Armidale Regional CouncilEconomic profile
Skip to content

Armidale Regional Council

Value added

In the Armidale Regional Council, Education and Training is the most productive industry, generating $274 million in 2018/19.

Value added by industry is an indicator of business productivity in Armidale Regional Council. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.

By comparing the value added of each industry sector to a regional benchmark, you can clearly see the structure of Armidale Regional Council’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To see what contribution each industry makes to the state or region, see the Industry sector analysis section. To understand the value of a worker in each industry, view this dataset in conjunction with Worker productivity data, and to see the relationship of value added to the total size of the economy, go to the Gross Regional Product section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Value added by industry sector
Armidale Regional Council - Constant prices2018/192013/14Change
Industry
(Click rows to view sub-categories)
$m%Australia%$m%Australia%2013/14 to 2018/19
Agriculture, Forestry and Fishing112.39.12.8195.415.53.4-83.2
Mining12.01.09.323.81.98.3-11.8
Manufacturing23.81.96.627.82.27.7-4.0
Electricity, Gas, Water and Waste Services18.51.52.932.02.53.0-13.5
Construction61.65.08.783.66.610.4-22.0
Wholesale Trade33.92.74.531.52.54.4+2.4
Retail Trade80.66.55.079.46.35.0+1.3
Accommodation and Food Services49.14.02.743.73.52.7+5.3
Transport, Postal and Warehousing31.52.55.324.82.05.7+6.8
Information Media and Telecommunications17.71.42.915.11.22.6+2.5
Financial and Insurance Services108.08.710.389.87.19.7+18.2
Rental, Hiring and Real Estate Services34.32.83.534.42.73.3-0.1
Professional, Scientific and Technical Services75.56.18.166.55.37.5+9.0
Administrative and Support Services38.23.13.940.73.23.7-2.5
Public Administration and Safety66.95.46.259.74.76.4+7.2
Education and Training273.622.15.5257.120.45.6+16.5
Health Care and Social Assistance168.413.68.7120.79.67.4+47.7
Arts and Recreation Services8.90.71.07.00.61.0+1.9
Other Services24.22.02.127.22.22.1-3.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Value added by industry sector 2018/19
Value added by industry sector 2018/19 Agriculture, Forestry and Fishing, Australia: 2.8% Mining, Australia: 9.3% Manufacturing, Australia: 6.6% Electricity, Gas, Water and Waste Services, Australia: 2.9% Construction, Australia: 8.7% Wholesale Trade, Australia: 4.5% Retail Trade, Australia: 5.0% Accommodation and Food Services, Australia: 2.7% Transport, Postal and Warehousing, Australia: 5.3% Information Media and Telecommunications, Australia: 2.9% Financial and Insurance Services, Australia: 10.3% Rental, Hiring and Real Estate Services, Australia: 3.5% Professional, Scientific and Technical Services, Australia: 8.1% Administrative and Support Services, Australia: 3.9% Public Administration and Safety, Australia: 6.2% Education and Training, Australia: 5.5% Health Care and Social Assistance, Australia: 8.7% Arts and Recreation Services, Australia: 1.0% Other Services, Australia: 2.1% Agriculture, Forestry and Fishing, Armidale Regional Council: 9.1% Mining, Armidale Regional Council: 1.0% Manufacturing, Armidale Regional Council: 1.9% Electricity, Gas, Water and Waste Services, Armidale Regional Council: 1.5% Construction, Armidale Regional Council: 5.0% Wholesale Trade, Armidale Regional Council: 2.7% Retail Trade, Armidale Regional Council: 6.5% Accommodation and Food Services, Armidale Regional Council: 4.0% Transport, Postal and Warehousing, Armidale Regional Council: 2.5% Information Media and Telecommunications, Armidale Regional Council: 1.4% Financial and Insurance Services, Armidale Regional Council: 8.7% Rental, Hiring and Real Estate Services, Armidale Regional Council: 2.8% Professional, Scientific and Technical Services, Armidale Regional Council: 6.1% Administrative and Support Services, Armidale Regional Council: 3.1% Public Administration and Safety, Armidale Regional Council: 5.4% Education and Training, Armidale Regional Council: 22.1% Health Care and Social Assistance, Armidale Regional Council: 13.6% Arts and Recreation Services, Armidale Regional Council: 0.7% Other Services, Armidale Regional Council: 2.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Armidale Regional Council in 2018/19 shows the three largest industries were:

  • Education and Training ($274 million or 22.1%)
  • Health Care and Social Assistance ($168 million or 13.6%)
  • Agriculture, Forestry and Fishing ($112 million or 9.1%)

In combination these three industries accounted for $554 million in total or 44.7% of the total value added by industry in the Armidale Regional Council.

In comparison, the same 3 industries in Australia accounted for 5.5% in Education and Training; 8.7% in Health Care and Social Assistance; and 2.8% in Agriculture, Forestry and Fishing.

The major differences between the value added by industries of the Armidale Regional Council and Australia were:

  • A larger percentage of value added by Education and Training (22.1% compared to 5.5%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (9.1% compared to 2.8%)
  • A larger percentage of value added by Health Care and Social Assistance (13.6% compared to 8.7%)
  • A smaller percentage of value added by Mining (1.0% compared to 9.3%)

Change in value added by industry sector, 2013/14 to 2018/19
Change in value added by industry sector, 2013/14 to 2018/19 Agriculture, Forestry and Fishing, Armidale Regional Council: -$83.2 million Mining, Armidale Regional Council: -$11.8 million Manufacturing, Armidale Regional Council: -$4.0 million Electricity, Gas, Water and Waste Services, Armidale Regional Council: -$13.5 million Construction, Armidale Regional Council: -$22.0 million Wholesale Trade, Armidale Regional Council: +$2.4 million Retail Trade, Armidale Regional Council: +$1.3 million Accommodation and Food Services, Armidale Regional Council: +$5.3 million Transport, Postal and Warehousing, Armidale Regional Council: +$6.8 million Information Media and Telecommunications, Armidale Regional Council: +$2.5 million Financial and Insurance Services, Armidale Regional Council: +$18.2 million Rental, Hiring and Real Estate Services, Armidale Regional Council: -$0.1 million Professional, Scientific and Technical Services, Armidale Regional Council: +$9.0 million Administrative and Support Services, Armidale Regional Council: -$2.5 million Public Administration and Safety, Armidale Regional Council: +$7.2 million Education and Training, Armidale Regional Council: +$16.5 million Health Care and Social Assistance, Armidale Regional Council: +$47.7 million Arts and Recreation Services, Armidale Regional Council: +$1.9 million Other Services, Armidale Regional Council: -$3.0 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the Armidale Regional Council decreased by 21.1 million between 2013/14 and 2018/19.

The largest change in the value added by industries between 2013/14 and 2018/19 in the Armidale Regional Council was for:

  • Agriculture, Forestry and Fishing (-$83 million)

v19.11.15-1.0.0